According to reports, Masood Khan, Pakistani ambassador to China, said in an interview with China National Textile News that due to the expansion of the cotton planting area and the government's adoption of favorable measures, the fiscal year 2011-12 (July 2011 to 2012 6) Month) Pakistan's cotton production is expected to reach a record 15 million bales. The previous record was 14.6 million tons set in the 2004-05 fiscal year, but then began to decline sharply.
Khan said that in 2010, the cotton price rose exponentially to stimulate farmers to expand the planting area. Pakistan's cotton planting area in 2011-12 is expected to increase by 8% to 8.5 million acres. In addition, the Pakistani government also plans to introduce plans to deal with cotton pests and attacks, and take measures to ensure the supply of cotton seed. Khan stated that the cotton spinning industry occupies an important position in the Pakistani national economy and that the increase in cotton production is crucial to achieve the 4.2% target for economic growth in the new fiscal year. Khan also welcomed Chinese companies to set up cotton mills in Pakistan.
Khan said that in 2010, the cotton price rose exponentially to stimulate farmers to expand the planting area. Pakistan's cotton planting area in 2011-12 is expected to increase by 8% to 8.5 million acres. In addition, the Pakistani government also plans to introduce plans to deal with cotton pests and attacks, and take measures to ensure the supply of cotton seed. Khan stated that the cotton spinning industry occupies an important position in the Pakistani national economy and that the increase in cotton production is crucial to achieve the 4.2% target for economic growth in the new fiscal year. Khan also welcomed Chinese companies to set up cotton mills in Pakistan.
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